Collison, IL Foreclosures
How much do homes sell for in Collison, IL?
The average home price is currently $164,446.
In Collison, IL, how many homes are available?
There are currently 1 active home listings available in Collison.
What’s the average rental cost in Collison, IL?
The average rental price in Collison is $946.
What is the most expensive home in Collison?
The most expensive home sold in Collison had a price of $614,884.
What is currently the cheapest priced home in Collison, IL?
The cheapest home for sale in Collison is priced at $52,790.
Living in Collison, IL
Collison, IL is a quaint village that offers a peaceful retreat from the hustle and bustle of city life, perfect for families and individuals seeking a close-knit community. With its scenic landscapes and essential amenities nearby, residents enjoy a balanced lifestyle that combines rural charm with accessibility. The area is well-suited for outdoor activities, and its educational institutions are reliable, enhancing its attractiveness to families.
Current Market Conditions in Collison, IL
The real estate market in Collison has been stable, with moderate growth in home values over the past year. The demand for homes in the area is consistent, driven largely by families seeking a peaceful environment away from larger cities combined with the attractive price points in comparison to urban standards. Buyers can find a mix of older homes and new constructions, catering to different preferences and budgets.
Currently, there are numerous homes available for sale or rent in Collison, ranging from smaller bungalows to larger family homes. Although the market has not experienced significant fluctuations, there is a steady interest from buyers, which suggests a healthy market with opportunities for both investors and first-time buyers.
Home Value Estimator For Collison, IL
There are currently 68 real estate properties
in Collison, IL,
with a median automated valuation model (AVM) price
of $125,400.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Collison, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Collison, IL,
is $164,446.00, with the most expensive house
in Collison, IL, topping out
at $614,884.00 and the cheapest home
in Collison, IL,
clocking in at $52,790.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Collison, IL!
Rent Prices
In Collison, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Collison, IL, is on
a rollercoaster ride. The
average rent price in Collison, IL,
is $946.00. Indeed, when looking to rent in
Collison, IL, you can expect to pay as little
as $630.00 or as much
as $1,590.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Collison, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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